About this home

17 unit apartment complex off Lakeway on Nevada Street within walking distance to bus line, Whole Foods, Carl cozier elementary school, city park and pool complex. Central location. Unit mix:12 one- bedroom units and 5 -two bedroom units all under market rent with stable vacancy history. Excellent parking. Recent maintenance: New roof 2026new gutters 2026new washer dry units in common laundry room. The third floor units are accessed off a ground level parking lot with 9 uncovered spaces on the east side of the property.20 uncovered spaces on ground floor access and 7 covered spaces. Operating Expenses: Using a 28% total expense estimate.

Exterior features

Wood

Property details

Heating: Baseboard
Cooling: None
Lot: Paved
Water source: Public
Sewer: Sewer Connected

Costs

Annual taxes: $25,357 (2026)

Estimate your monthly payment

$16,777/mo

Principal & interest: $14,664
Property taxes: $2,113

Down payment (20%) $580,000 Interest rate (%) Loan term (years)

Loan amount $2,320,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Bellingham, WA 98226

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere RE Whatcom, Inc.— Jeff Johnson.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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